ARIL(L) - The Benefits

Financial Statements for the year ended 30 June 2007 is available here.

Takaful as defined by The Takaful Act 1984 in Malaysia; " a scheme based on brotherhood, solidarity and mutual assistance which provides for mutual financial aid and assistance to participants in case of need whereby the participants agree to contribute for the purpose ";

The Benefits

What Is ITAFF

ITAFF or International Takaful Automatic Facultative Facility is a retakaful (islamic reinsurance) programme where ARIL will offer an automatic acceptance for a selected risk up to prescribed amount in excess of insurer’s treaty limits.

The Benefits

Through ITAFF your company will gain as follows:
• Expedite the acceptance process of a risk offered to your company.
• Reduce your company exposure on the risk.
• Enable your company to accept a bigger risk which exceeding your capacity.
• Reduce your dependence upon conventional support.

Last Updated ( Saturday, 07 April 2007 )

< Prev

[ Back ]

Main Menu